Refer to the graph shown. Area F is:
A)smaller than areas B and C, because demand is elastic between $10 and $30.
B)larger than areas B and C, because demand is elastic between $10 and $30.
C)larger than areas B and C, because demand is inelastic between $10 and $30.
D)smaller than areas B and C, because demand is inelastic between $10 and $30.

Question

Refer to the graph shown. Area F is: 
A)smaller than areas B and C, because demand is elastic between $10 and $30. 
B)larger than areas B and C, because demand is elastic between $10 and $30. 
C)larger than areas B and C, because demand is inelastic between $10 and $30. 
D)smaller than areas B and C, because demand is inelastic between $10 and $30.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown. Area F is: 
A)smaller than areas B and C, because demand is elastic between $10 and $30. 
B)larger than areas B and C, because demand is elastic between $10 and $30. 
C)larger than areas B and C, because demand is inelastic between $10 and $30. 
D)smaller than areas B and C, because demand is inelastic between $10 and $30.

Refer to the Graph Shown